Via Kieran Healy, an excellent EPI data visualization tool that lets you dramatize some of Emmanuel Saez’s findings about inequality:
I think this way of looking at things ends up underestimating the gains of technological progress, but that’s always been true. The fact remains that in recent decades a much higher than usual share of growth has ended in the pockets of a narrow elite composed largely of financiers.
Previous in TP Yglesias
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